Show ogden I 1 uly bonds oae ht milred gottsand hott sand dollars office p I 1 acet ayden avy bond for a tle undo signed aill recel ids at his office in ogden city utah un ill 12 noon ot the day of u Y tile purchase of one im dred coupon bond of tile of one thousand dollars bearing interest at rate of five per per annum payable semian semi an ai nally I 1 10 day of J tily of each i our at tile ameli can Hicha bank now butk fly state of new york elie principal of said bonds abail be payable twenty years from the dote of their iesue at the city treas otrice ogden city but are re deet after ten years at the plo asuro of the city council provided by ordinance that out of tit revenues of the city forthe 1893 and annually thereafter theia shafi b el aside funds to NY ted I 1 the ald donds suit the to wrest theon the on aich funds a ill be pit eed in the city treasury there ell at and no other pirl ro it is also provided that whenever after ton years from the date of their issue there shall be suin clent funds in tile treasury set aside fur that poso to pay ton of said bonds in tr in forest thereon the recorder of uita shall advertise the fact for at least thirty daye in one or more 0 f t he newspapers published daily fit the city of new york and ogden city atal e e she city wishes to redeem g them in the braer of kneir issuance und commencing with the highest outstanding and statin ang the dato when they will be paid if tile bonds so numbered shall not be presented for payment at the time stated then tile funds shall remain in the hands of the treasurer to pa y sald bonds when presented but tile bonds shall draw no interest after the expiration af tho time stated in the advertisement the city council reserve the to reject any and all bids and to reserve from immediate delivery any number not exceeding fifty of said bonds until the city shall need the funds thu said bonds so ro served at not to be paid for nor to draw interest until delivered the said bonds are for the purpose of snaking public improvements the city has no other bonded iud and Is limited by Is w in its borrowing capacity to four per boist of its taxable va lution as shown by the last assessment of its taxable property for territorial and chunky any attempt to become indebted in excess thereof Is declared void these bonds tire exempt by ordinance from taxation for caty J stevea 8 city recorder CITY utah june ath |